You are here

Buyers of distressed loans eye China developers as debt rises

Number of publicly traded developers with liabilities above equity up to 136 out of 334, from 57 in 2007, Bloomberg data shows

Singapore

BUYERS of distressed loans are watching China's property market closely as debt soars and growth falters.

Nomura Holdings Inc and Bank of America Corp say they'll pay more attention to Chinese developers in 2015, having profited from trades in India, Australia, Korea and

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom